The Midwest and South are leading the surge in inflation nationally. While US CPI inflation averaged 6.7% y/y in Q4 2021, regional prices were up...

Our US supply-chain stress tracker suggests 2022 commenced with continuing pressures. Transportation channels remained strained in January, and...

This week brought a double whammy of bad news for UK consumers. The energy price cap will rise by 54% in April, with the Chancellor offering an...

Alongside its decision to raise rates by 25bps to 0.5%, the MPC today sent an unmistakeably hawkish message, and we now expect further 25bp hikes in...

Following a swift recovery, the US labor market is entering a crucial phase and the answers to five key questions will have a major bearing on wage...

After a decade of consistently strong growth, UK labour supply has slumped since the onset of the pandemic and we expect only a partial recovery this...

In 2021, there were 16 Urban Economic Powerhouses in the world (cities with GDP greater than $500bn), but none were located in the Middle East. By...

The risk of a shift to a higher inflation regime in advanced economies has risen in the last six months, but markets may be under-pricing the risk in...

Whether or not the MPC raises Bank Rate in February is close to a 50:50 call. We marginally favour a hike because Omicron’s economic damage appears...

Our eurozone Recovery Tracker rose 1.4pts to 80.3 in the two weeks ending January 9. We view the reading with a bit of caution, as it may reflect a...